€ 264 000

€ 3 385 / sqm

+ VAT

From January 13, 2014 the VAT rate in Cyprus is 19%. However, buyers can purchase a new property with a reduced VAT rate of 5% under the following conditions:

The purchase is made by an individual, not a legal entity.
The buyer is not going to rent out the acquired property.
This will be a primary residence in Cyprus for the buyer, and they do not have any other property in Cyprus acquired with the reduced VAT rate within the last 10 years.

A reduced VAT rate of only 5% is applied to the first 200 m². The remaining area over 200 m² is subject to a 19% tax. These rules only apply to buyers of new developments, while for secondary real estate, VAT is 0%

2 bedrooms Apartment in Mesogi, Paphos, Cyprus No. 51031

Bedrooms

78 sq.m.

Square

Parameters

Property Description

This residential development is located in the area of Mesogi, Paphos, in close proximity to the International School of Paphos. The location has been carefully selected following detailed research, offering a well-connected and increasingly sought-after environment with easy access to everyday amenities, including shops, supermarkets, restaurants, medical centres, and schools, all within a short distance.

The project is designed as a luxury gated development, combining modern living with advanced functionality. It features a collection of two- and three-bedroom apartments, created to meet the needs of both homeowners and investors seeking comfort and convenience in a well-established area.

The development consists of a two-storey building with dedicated covered parking and storage areas for residents. A wide range of infrastructure and technical provisions are incorporated, including intercom systems and provisions for heating and air conditioning, while additional options are available for further customisation of the living spaces.

Residents will also benefit from well-designed communal areas, including leisure and wellness facilities, contributing to a comfortable and practical lifestyle within a secure residential environment.

The main features of the project and the units:
• Located in Mesogi, Paphos near the International School
• Gated residential development
• 12 two-bedroom apartments
• 6 three-bedroom apartments
• Two-storey building
• Covered parking spaces
• Private storage units
• Intercom system
• Provisions for heating and air conditioning
• Optional extras including underfloor heating, smart home system, appliances, air conditioning units and furniture package
• Communal areas with parking, staircases and elevator
• Gym, sauna and swimming pool
• CCTV security system

The project has an EPC certificate with “A” energy efficiency rating.